Binance Futures, a major cryptocurrency exchange, is set to introduce new perpetual futures contracts to give investors more choices and improve their trading experiences. The platform will start trading USDC-collateralized Ethena (ENA), ether.fi (ETHFI), and Bonk (BONK) perpetual futures contracts with leverage of up to 50x.

The trading for ENAUSDC, ETHFIUSDC, and 1000BONKUSDC perpetual futures contracts will begin on May 2, 2024. Binance Futures aims to cater to the changing needs of its users and enhance trading volume to solidify its position in the cryptocurrency derivatives market.

The ENAUSDC perpetual futures contract will be available for trading starting at 10:00 AM on May 2, 2024, followed by the ETHFIUSDC contract at 10:15 AM, and the 1000BONKUSDC contract at 10:30 AM. These contracts will provide more USDC-collateralized trading pairs, giving users more flexibility on the Binance Futures platform.

Investors can potentially earn more and manage risks better using up to 50x leverage with the ENAUSDC, ETHFIUSDC, and 1000BONKUSDC perpetual futures contracts. However, it is essential to understand that high leverage also comes with a greater risk of losses.

By introducing these new perpetual futures contracts, Binance Futures is expanding its range of trading options for its users. This move is part of the platform's commitment to innovation and meeting the demands of the market. By continuously improving its product offerings, Binance Futures aims to provide a comprehensive set of trading tools and resources for users to navigate the dynamic cryptocurrency market effectively.